Which sectors require hydrogen? - PowerPoint PPT Presentation

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Which sectors require hydrogen?

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The potential applications of hydrogen in a multitude of industries have led to a great deal of interest in hydrogen as a flexible and eco-friendly energy source. Given its adaptability and clean energy qualities, hydrogen has the potential to be extremely important in a wide range of businesses. Read More - – PowerPoint PPT presentation

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Title: Which sectors require hydrogen?


1
Which sectors require Hydrogen?
  • The potential applications of hydrogen in a
    multitude of industries have led to a great deal
    of interest in hydrogen as a flexible and
    eco-friendly energy source. Given its
    adaptability and clean energy qualities, hydrogen
    has the potential to be extremely important in a
    wide range of businesses.
  • Hydrogen Industries
  • The energy source hydrogen shows great potential
    for a wide range of uses. Hydrogen is an
    appealing and flexible substitute for many
    different types of enterprises.
  • Download - https//www.marketsandmarkets.com/indus
    try-practice/RequestForm.asp
  • The following industries require hydrogen
  • Energy and Power Generation
  • The use of hydrogen has enormous potential
    benefits for the energy sector, especially for
    the power production sector. The only result of
    using hydrogen as a fuel in hydrogen fuel cells
    is water vapor energy is generated instead. This
    can stimulate the creation of greener energy
    while also assisting in the reduction of
    greenhouse gas emissions.

2
  • Hydrogen Future Growth in Energy and Power
    Generation Industry
  • Hydrogen is predicted to be essential to the
    power industry's decarbonization. Hydrogen has
    the potential to be used as a way to store extra
    electricity and provide grid balancing services
    as renewable energy sources like wind and solar
    power gain popularity.
  • It is anticipated that in the coming years, there
    will be a significant increase in the integration
    of hydrogen into existing power systems and
    developments in hydrogen-powered power plants,
    such as hydrogen fuel cells and gas turbines.
  • Hydrogen power development can assist achieve
    climate targets, while also improving energy
    security and reducing reliance on fossil
    resources.
  • Transportation
  • Transportation-related equipment such as cars,
    trucks, buses, railroads, and even ocean-going
    ships use hydrogen. It is possible to power
    electric vehicles with hydrogen fuel cells since
    they have a longer driving range and require less
    time to recharge than conventional batteries. One
    type of hybrid fuel suitable for internal
    combustion engines that can be produced using
    hydrogen is hydrogenated vegetable oil.

3
  • Hydrogen Future Growth in Transportation
    Industry
  • It is widely anticipated that the transportation
    industry would employ hydrogen fuel more
    frequently. In comparison to battery-electric
    vehicles, hydrogen fuel cell electric vehicles,
    or FCEVs, provide the advantages of longer
    driving ranges and shorter refill intervals.
  • The production and use of FCEVs are being
    encouraged by governments and automakers, who are
    also subsidizing the construction of hydrogen
    infrastructure.
  • The transportation sector stands to benefit from
    the rising usage of hydrogen due to its
    adaptability, since it may be employed in buses,
    trucks, trains, and marine vessels.
  • Chemical Industry
  • Hydrogen is needed as a feedstock in the chemical
    industry. It is employed, among other things, in
    the production of compounds like ammonia and
    methanol. Hydrogen is needed for fertilizer,
    petroleum refineries, and the production of
    resins and polymers.

4
  • Hydrogen Potential in Chemicals Industry
  • It is projected that the chemical industry will
    see a sharp increase in the use of hydrogen. It
    would probably take more hydrogen to fuel
    chemical reactions like the production of
    methanol and ammonia.
  • Hydrogen will eventually replace fossil fuels as
    the greener option due to the need to lower
    greenhouse gas emissions in the chemical industry
    and sustainability concerns.
  • Green hydrogen is derived from renewable
    resources and is expected to gain popularity as
    the chemical industry works toward becoming
    carbon neutral.
  • These are just a handful of the economic areas
    that hydrogen can support. As the world economy
    continues to shift toward a low-carbon one, there
    will likely be a greater demand for hydrogen. New
    industries and applications may also emerge.
  • Read More-https//www.marketsandmarkets.com/indust
    ry-practice/hydrogen/hydrogen-industries
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